Yorkville files to expand high income family of MLP ETFs

Apr 25th, 2012 | By | Category: Alternatives / Multi-Asset

Yorkville ETF Advisors, a US-based provider of MLP investment products, has filed with the SEC to expand its rules-based series of ETFs, leveraging the firm’s research and asset management experience with master limited partnership (MLPs) investments.

Yorkville files to expand high income family of MLP ETFs

The filings include the Yorkville High Income Composite MLP ETF and the Yorkville High Income Infrastructure MLP ETF.

The filings include the Yorkville High Income Composite MLP ETF and the Yorkville High Income Infrastructure MLP ETF. The underlying indices to these funds are comprised of MLPs that meet certain criteria relating to current yield, coverage ratio and distribution growth.

“These filings come on the heels of the successful Yorkville High Income MLP ETF (YMLP) launch, which is the first and only ETF to deliver exposure to high income, commodity-based MLPs. Since its launch, YMLP has become the third-most successful ETF launch in 2012 in terms of average daily volume,” asserted Darren Schuringa, Managing Partner at Yorkville ETF Advisors.

The Yorkville High Income Composite MLP ETF will track the Solactive High Income Composite MLP Index, a composite representing every MLP sector, while the Yorkville High Income Infrastructure MLP ETF will track the Solactive High Income Infrastructure MLP Index, a diversified, rules-based index focused on the infrastructure sectors of the MLP asset class.

Exchange Traded Concepts, a private label ETF provider, will serve as investment adviser to the funds, while Yorkville ETF Advisors and Index Management Solutions will serve as sub-advisers.

The Solactive Indexes are sponsored by Structured Solutions.

Tags: ,

Leave a Comment



More in Alternatives / Multi-Asset
Source adds USD-tradable listing to existing JP Morgan 'dual volatility' ETF
Source adds USD-tradable listing to existing JP Morgan ‘dual volatility’ ETF

Source, a UK-based ETP provider, has announced that its JP Morgan Macro Hedge Dual TR Source ETF has now been listed in USD...

Source launches Europe’s first US energy MLP ETF providing exposure to energy infrastructure
Alerian MLP ETF (AMLP) passes $3bn in assets as competition warms up

The Alerian MLP ETF (AMLP), an ETF tracking US-listed Master Limited Partnerships (MLPs), last week reached $3 billion in net assets, less than...

Close